The motion to seal the Hinman documents by the US securities regulator has been denied by Judge Analisa Torres for the US District Court. This ruling is seen as a victory for the Ripple and crypto community, as the documents are now subject to a strong presumption of public access. Judge Torres rejected the SEC's argument that sealing the documents was necessary to preserve "openness and candor" within the agency. The price of Ripple's XRP spiked by 2.6% on the news and is currently trading at $0.43. This is a developing story, and more information will be added as it becomes available.
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US Judge Rules Against SEC Motion to Seal Controversial Hinman Documents, Seen as Win for Ripple and Crypto Community
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Cointime August 4 News Express
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